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17 May, 23:04

Ray Industries bought a touch screen monitor for $1200. It is expected to depreciate at a rate of 25% per year. What will the value of the monitor be in 3 years? Round to the nearest dollar.

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  1. 18 May, 00:01
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    A=1,200 * (1-0.25) ^ (3)

    A=506.25
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